Yahoo and Verizon’s Merger vs Network Effects
http://theconversation.com/verizons-five-billion-dollar-bet-on-yahoo-looks-like-an-alliance-of-the-weakest-63010 This article discusses the alliance between Verizon and Yahoo in attempt to match Facebook and Google. Currently, Google controls 39% of digital marketing, compared to Facebook’s 15%. However, even with the merger between Yahoo and AOL, they only control 5.2% of digital advertising. Past attempts of smaller companies merging to take on larger companies […]
Cascade’s Are Everywhere
Although you may not realize it, everyday you are making decisions solely off the choices of others. This is due to the occurrence of information cascades within your daily life. An information cascade is a situation in which a person makes a decision based on other’s behavior while ignoring their own intuition and information. […]
The Power of Polls in the 2016 Elections
The elections this year did not go as anticipated. Statistical models which had been able to predict the winner in presidential elections for the past few decades placed the probability of Hillary winning this election at near 70% (Acton 2016). Experts raved at how Trump’s candidacy was a joke and that his campaign stood no […]
GoPro Profits Fall due to Network Effects
GoPro has been having a less-than-stellar financial year, bringing in 40% less revenue compared to last year. Its shares have fallen “88% from their 2014 high [and] dropped another 20%…in after-hours trading”; this year, GoPro brought in only $240.6 million –last year, it was $400.3 million. Despite the financial loss, Chief Executive Nick Woodman is […]
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